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The next generation Fit (sold as Jazz in European markets) will debut at the Tokyo Motor Show on 24 October, 2007. The car will go on sale in Japan in January ’08 but plans to bring the next generation model to the UK are still over 12 months away. Five years into its model life and Jazz remains Honda’s most successful small car. Its clever packaging, space and value for money have been a winning formula ensuring global demand and increased production capability. Since launch in 2002, over 134,399 units have been sold in the UK, enabling Jazz to retain its top five sector position despite plenty of new product competition. In retail, Jazz has held the number one spot amongst its competitor set for the past four years, selling an average of 19,300 units each year. The key to successIt was the styling, flexibility (let’s not forget, the magic cinema-style seats) and economy that wowed customers when the car was launched, and continues to draw new and repeat customers today. Great residuals help cost of ownershipDemand for new and used Jazz has meant that residual values are at levels normally expected from a newly introduced car – not one that’s five years into its lifecycle. After three years and an average 60,000 miles, Jazz will retain 40 per cent of its value. | Full story Honda Fit
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